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Microsoft Collaborates with Semafor and News Organizations on Responsible AI Use

Microsoft has partnered with news organisations and media platform Semafor to work together on generative AIs ethical and responsible application in c

Microsoft has partnered with news organisations and media platform Semafor to work together on generative AIs ethical and responsible application in content creation. The partnership seeks to assist these organisations in identifying and improving protocols and guidelines for the ethical application of artificial intelligence in news reporting and commercial operations. As part of the partnership, Semafor is introducing "Signals," a breaking news feed that journalists may utilise to give readers analysis and insights on breaking news topics with OpenAI and Microsoft capabilities. Microsoft is also investigating methods to integrate generative AI into their work and newsrooms in collaboration with other news organisations, such as the Craig Newmark Graduate School of Journalism, the Online News Association, and the GroundTruth Project. Read More..

B2B Tech News | 18 days ago          

Raizen and BYD Collaborate to Set Up 600 EV Charging Stations in Brazil

Chinese manufacturer BYD and Brazilian sugar and ethanol business Raizen are working to build a 600EV charging station network across eight Brazilian

Chinese manufacturer BYD and Brazilian sugar and ethanol business Raizen are working to build a 600EV charging station network across eight Brazilian towns. The project intends to satisfy the Brazilian markets increasing need for charging infrastructure. Shell Recharge will deploy charging stations in Rio de Janeiro and São Paulo over the next three years. With its subsidiary Raizen Power, Raizen aims to capture a quarter of the market for EV charging stations. Brazil had a 91% increase in EV sales in 2023, totalling over 94,000 units. Read More..

B2B Tech News | 18 days ago          

Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares Over the Next Year

According to a document, Amazon founder Jeff Bezos intends to sell up to 50 million company shares over the upcoming year. The securities are valued a

According to a document, Amazon founder Jeff Bezos intends to sell up to 50 million company shares over the upcoming year. The securities are valued at $8.6 billion at the current share price of $171.8. As per Amazons most recent annual report, the selling plan was accepted on November 8, 2023, subject to particular circumstances. It is anticipated to be completed by January 31, 2025. Bezos, who started Amazon in 1994, became executive chairman after leaving his position as CEO in 2021. With a $185 billion net worth, he is now the third wealthiest individual in the whole globe. Read More..

B2B Tech News | 18 days ago          

Crypto Lender Gemini Seeks Authorization to Monetize Interests in Two Grayscale Ethereum Trusts

Gemini Trust Co., a cryptocurrency exchange, has revealed that Genesis, a crypto lender, has filed a move in the United States Bankruptcy Court reques

Gemini Trust Co., a cryptocurrency exchange, has revealed that Genesis, a crypto lender, has filed a move in the United States Bankruptcy Court requesting permission to sell trust assets and profit from its stakes in two Grayscale Ethereum trusts. Genesis filed the request on Friday, allowing Gemini to sell the initial collateral, which consists of 30,905,782 Grayscale Bitcoin Trust shares. Genesis has asked for the motions February 8 hearing to be expedited. This coincides with Genesis settlement of a lawsuit brought by the US Securities and Exchange Commission on its nowcancelled Gemini Earn financing programme, which was put on hold following the November 2023 cryptocurrency market meltdown. Read More..

B2B Tech News | 18 days ago          

India Targets $1.7 Billion GST Collection from Online Gambling Companies

Revenue Secretary Sanjay Malhotra said India expects to levy online gambling enterprises for Goods and Services tax GST worth up to 140 billion rupees

Revenue Secretary Sanjay Malhotra said India expects to levy online gambling enterprises for Goods and Services tax GST worth up to 140 billion rupees $1.7 billion in the upcoming fiscal year. A $1.5 billion business was impacted in October when the government levied a 28% tax on money collected by online gambling operators for each wager. In the fiscal year that ended on March 31, the move brought in almost 75 billion rupees, as opposed to 16 billion the year before. Malhotra stated that the market has stabilised and that, without necessarily altering tax rates, a review of the tax structure for online gambling companies will be carried out by April. Read More..

B2B Tech News | 18 days ago          

IranLinked Hacking Group, Homeland Justice, Claims Cyberattack on Albanias Institute of Statistics INSTAT

An organisation known as Homeland Justice, which has ties to Iran, has taken credit for a cyberattack that took down the official website and email se

An organisation known as Homeland Justice, which has ties to Iran, has taken credit for a cyberattack that took down the official website and email service of Albanias Institute of Statistics INSTAT. The event caused INSTAT to delay the publishing of official figures. The gang claims to have accessed over 100 gigabytes of demographic and geographic information from Albania. Still, the institution said that current census data was not impacted. Homeland Justice has a history of going against corporations and public institutions in Albania. Prior Iranian cyberattacks in Albania targeted computer systems used by the national police, telecom corporations, and the parliament. Scholars surmise that Homeland Justice is probably an Iranian organisation under official sponsorship that does psychological warfare. Read More..

B2B Tech News | 18 days ago          

Vision Pro Blends 3D Digital Content with the Real World

With a $3,500 price tag, Apples Vision Pro headset integrates threedimensional digital information with the physical environment. Positioned as a repl

With a $3,500 price tag, Apples Vision Pro headset integrates threedimensional digital information with the physical environment. Positioned as a replacement for the Mac and conventional television, the gadget must compete with less expensive rivals like Meta and HTC. With its sophisticated displays and specialised CPU processors, it poses a challenge to huge twodimensional panels. A noteworthy partnership with Disney produced the Disney+ app, which provides immersive experiences for wellknown films. Although its high cost would prevent consumers from using it initially, it might be helpful in corporate environments and may become a new computer platform. Read More..

B2B Tech News | 18 days ago          

Securities Lending Platform, Next Generation Trading, Affected

Following an outage caused by unauthorised access to its systems, the fintech company EquiLend has restored several services, including trading and po

Following an outage caused by unauthorised access to its systems, the fintech company EquiLend has restored several services, including trading and posttrade solutions, more than a week later. With its securities lending technology, Next Generation Trading, EquiLend manages over $2.4 trillion in monthly transactions, making it a significant player in the Wall Street securities lending market. The business, partially controlled by wellknown Wall Street firms including BlackRock, J.P. Morgan, Goldman Sachs, and Bank of America Merrill Lynch, revealed the illegal access in late January, which led to a temporary suspension. Market participants had to process transactions manually due to the latest attack, but services are now progressively being restored. Read More..

B2B Tech News | 18 days ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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